Posts From King World News

Dr. Marc Faber

Dr. Marc Faber: Editor & Publisher of the Gloom Boom & Doom Report – Dr. Faber Famous for his contrarian approach to investing, Marc Faber does not run with the bulls or bait the bears but steers his own course through the maelstrom of international finance markets….

ConocoPhillips signals conditional support for U.N. climate deal

By Valerie Volcovici WASHINGTON (Reuters) – Oil and gas producer ConocoPhillips on Friday said it would support a UN climate change agreement if it met its own policy principles, including creating a “level playing among energy sources and between countries.” The comments by the Houston-based company were a clarification of its position on the proposed UN agreement after it earlier in the week answered ‘yes’ to a question in a

Court rules Ecuadoran villagers can pursue Chevron in Canada

Ecuadoran villagers can seek to enforce in Canada a multi-billion-dollar Ecuadoran judgment against US oil giant Chevron on pollution in the Amazon rainforest, the country’s top court said Friday. Chevron’s Canadian subsidiary dismissed the ruling, calling the Ecuadoran judgment fraudulent and unenforceable. In Canada and in parallel legal fights in the United States and Brazil, the indigenous people of Ecuador’s Lago Agrio region have sought to collect compensation for the